23.5 Degrees Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 1,846

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 5

23.5 Degrees General Information

Description

Operator of a beverage franchise chain across the United Kingdom. The company offers a range of products including handmade coffees, milkshakes, cookies, desserts and more.

Contact Information

Website
www.23-5degrees.com
Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Corporate Office
  • Unit 3 Hedge End Retail Park
  • Hedge End
  • Southampton SO30 4RT
  • England, United Kingdom
Primary Industry
Restaurants and Bars
Acquirer
Starbucks
Corporate Office
  • Unit 3 Hedge End Retail Park
  • Hedge End
  • Southampton SO30 4RT
  • England, United Kingdom

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23.5 Degrees Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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23.5 Degrees Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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23.5 Degrees Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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23.5 Degrees FAQs

  • When was 23.5 Degrees founded?

    23.5 Degrees was founded in 2012.

  • Where is 23.5 Degrees headquartered?

    23.5 Degrees is headquartered in Southampton, United Kingdom.

  • What is the size of 23.5 Degrees?

    23.5 Degrees has 1,846 total employees.

  • What industry is 23.5 Degrees in?

    23.5 Degrees’s primary industry is Restaurants and Bars.

  • Is 23.5 Degrees a private or public company?

    23.5 Degrees is a Private company.

  • What is 23.5 Degrees’s current revenue?

    The current revenue for 23.5 Degrees is .

  • How much funding has 23.5 Degrees raised over time?

    23.5 Degrees has raised $53.9M.

  • Who are 23.5 Degrees’s investors?

    Alexander Square Partners, Connection Capital, Meridian Growth Capital, and Seneca Partners (Haydock) have invested in 23.5 Degrees.

  • When was 23.5 Degrees acquired?

    23.5 Degrees was acquired on 14-Oct-2024.

  • Who acquired 23.5 Degrees?

    23.5 Degrees was acquired by Starbucks.

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